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Leases (Tables)
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Lease, Cost Components of operating lease expense were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(Dollars in thousands)
Operating lease cost 1
$2,163 $2,220 $4,288 $4,376 
Less: Sublease income(146)(148)(295)(292)
Net lease cost$2,017 $2,072 $3,993 $4,084 
1Includes variable lease costs, which are immaterial.
Schedule of Lease Cash Flow Information
Supplemental cash flow information related to leases was as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
(Dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$2,140 $2,235 $4,286 $4,296 
Leased assets obtained in exchange for new operating lease liabilities$(381)$248 $1,276 $1,894 
Schedule of Lease Terms and Discount Rates
Weighted-average remaining lease term and discount rate for operating leases were as follows:
June 30, 2024June 30, 2023
Weighted-average remaining lease term (in years)2.93.7
Weighted-average discount rate5.5 %5.5 %
Schedule of Lessee, Operating Lease, Liability, Maturity
Maturities of operating lease liabilities were as follows:
Year Ended December 31,
(Dollars in thousands)
2024 (excluding the six months ended June 30, 2024)$3,587 
20258,345 
20267,092 
20272,120 
20281,178 
Thereafter81 
Total operating lease payments $22,403 
Less: Effects of discounting1,749 
Present value of operating lease liabilities 1
$20,654 
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1Homebuilding and financial services operating lease liabilities of $20.5 million and $0.2 million, respectively, are included as a component of accrued and other liabilities and accounts payable and accrued liabilities, respectively, in the homebuilding and financial services sections of our consolidated balance sheet at June 30, 2024.